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(MAGNUM) Magnum Ventures complete technical analysis [charts+indicators] | Buy/Sell Magnum Ventures | (MAGNUM) share price targets

Complete technical analysis of Magnum Ventures (MAGNUM) by charts plus indicators, forecast predictions and share price targets for Magnum Ventures (MAGNUM)

Magnum Ventures trades in NSE in Paper & Paper Products sector.

10 day averaged volume of Magnum Ventures is 189221

Date Daily Closing Price Open High Low Volume
02 Tue Mar 2021 5.75 6.15 6.15 5.45 0.378 times
01 Mon Mar 2021 5.95 6.05 6.10 5.80 0.541 times
25 Thu Feb 2021 6.45 7.45 7.45 6.35 3.792 times
24 Wed Feb 2021 6.90 6.90 6.90 6.90 0.413 times
23 Tue Feb 2021 6.30 6.10 6.30 5.80 1.792 times
22 Mon Feb 2021 5.25 4.85 5.25 4.00 2.827 times
19 Fri Feb 2021 4.40 4.40 4.50 4.25 0.137 times
18 Thu Feb 2021 4.35 4.00 4.35 4.00 0.115 times
17 Wed Feb 2021 4.25 4.25 4.40 4.10 0.116 times
16 Tue Feb 2021 4.25 4.20 4.40 4.20 0.028 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 5.7, but if it comes below 5.7, then a intra day sell could be more profitable.
If you take a sell trade below 5.7, then use 5.7 as stoploss and 4.87 as target. However if you take a buy trade in stock , then use 5.7 as stoploss and 6.8 as target.

Share price targets for Magnum Ventures (MAGNUM)

Target Type Value
Downside Target 3.90
Downside Target 4.00
Downside Target 4.10
Downside Target 4.40
Downside Target 4.50
Downside Target 4.95
Downside Target 5.10
Downside Target 5.30
Downside Target 5.45
Upside Target 6.15
Upside Target 7.45

Intraday share price targets for Magnum Ventures (MAGNUM)

Target Type Value
Downside Intraday Target 5.42
Downside Intraday Target 5.08
Upside Intraday Target 6.12
Upside Intraday Target 6.48
Upside Intraday Target 5.78

Weekly technical analysis of Magnum Ventures (MAGNUM)

Date Weekly Closing Price Open High Low Volume
02 Tue Mar 2021 5.75 6.05 6.15 5.45 0.104 times
25 Thu Feb 2021 6.45 4.85 7.45 4.00 13.909 times
19 Fri Feb 2021 4.40 4.40 4.50 4.00 0.381 times
12 Fri Feb 2021 4.40 4.20 4.55 4.10 0.481 times
05 Fri Feb 2021 4.35 4.90 4.95 4.15 9.152 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Magnum Ventures (MAGNUM)

Date Monthly Closing Price Open High Low Volume
02 Tue Mar 2021 5.75 6.05 6.15 5.45 0.063 times
25 Thu Feb 2021 6.45 4.90 7.45 4.00 4.461 times
29 Fri Jan 2021 4.80 4.90 5.10 4.40 0.98 times
31 Thu Dec 2020 4.85 4.90 5.30 4.40 3.931 times

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Magnum Ventures (MAGNUM)

Indicator Name Indicator Value Indicator Signal
ADX 34, 30, 6 Buy
MACD 1, 0Buy
Stochastics 59None
CCI 30Sell
RSI 61Buy
OBV -389504Sell
VWAP 6Sell
ADL 0Sell
ROC 31Buy
Force Index 0Sell

Price action analysis of Magnum Ventures ( (MAGNUM) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Magnum Ventures ( (MAGNUM) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Magnum Ventures ( (MAGNUM) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Magnum Ventures ( (MAGNUM) ) based on a mid to longer term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

ADX buy sell signal for Magnum Ventures stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Magnum Ventures in short term and the buy signal is strong.

Magnum Ventures Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Magnum Ventures in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Magnum Ventures is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 5.97 and Magnum Ventures (MAGNUM) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Magnum Ventures (MAGNUM) stock. Volume based technical analysis of Magnum Ventures (MAGNUM) stock is negative.

Magnum Ventures Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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